CryptoSlayerFX

CryptoSlayerFX

Bitcoin is starting to show some signs of a healthy recovery on this one hour chart. It appears we may have gotten the V shaped recovery we wanted. The volume is teetering off so it will take some time before we know for sure The MACD is above the signal line and even though they are both below zero they both seem to be on an upward trajectory. The relative...

CryptoSlayerFX

I have posted all relevant info on the chart. I will also link my other published ideas showing how we got here and what I think about the future price action on bitcoin. It seems to me Bitcoin has either found a bottom and a trend change is in order. OR Bitcoin will get pushed down to $33,000 zone and get support there, where the same process will repeat. I...

CryptoSlayerFX

Short liquidations are building. Greedy short sellers may possibly cause Bitcoin and the crypto asset class to move out of this zone it entered today when panic selling occurred Notice on the chart that BTC is no longer being sold out of the bollinger bands. And wicks are growing on the bottom of candles. This is a sign that we have quite possibly reached the...

CryptoSlayerFX Updated 

As predicted the price of BTC and crypto is tanking, and tanking hard and fast. I think we will see a new local low today or tomorrow, the previous low was set on Jan 10 2022. See linked ideas for why this crash is happening.

CryptoSlayerFX

The analysis is simple here, on a night the asset class got slaughtered once stood tall, but will it fall? Viewing this on one hour and technical analysis only it appears that it will follow its class mates. I will keep this updated throughout the day. Also view the 4 hour chart for a look at how DYDX bucked the trend. Also view the linked ideas on BTC to...

CryptoSlayerFX

BTC continues to fail to get enough buy side pressure to make a significant movement up. Even after what appeared to be a strong V shaped reovery. All of my notes and criteria are written on the chart. TLDR: This move down could take us into the $30-33k zone or even back to $20-$24k zone. This sell off has yet to show any signs of a buy back, this could be...

CryptoSlayerFX Updated 

I have linked the chart with more info. I am neutral right now, the candle I highlighted is called a spinning top. Which is an indicator of neutrality. One hour into the 4 hour period. I posted the linked chart before this sell off. However ,as you can see on my chart now we did not get solid red down periods, we got sell periods filled with yellowish green....

CryptoSlayerFX Updated 

I have noted everything relevant on the chart itself. Trade at your own risk this is not financial advice. I have linked an idea from @OptimoomFX which aligns with my thought here, we may have found the bottom and be on the way up.

CryptoSlayerFX Updated 

My linked ideas share the criteria for why this crash is happening with ADA and other crypto assets. I have highlighted profit prediction zones for short sellers. Keep in mind that ADA is now anywhere near the bottom of its bollinger bands and is crashing hard on strong volume.

CryptoSlayerFX

Ada has been one of the most overbought projects, lets face it. Cardano Org. has failed to produce a product. Ethereum and BTC are tumbling which as we know drags down the entire market. Ada is just lagging, but these last two buying periods (1 week) are weak. Check @OptimoomFX idea's on both (I will link) The further I pull out the scope of the chart, the more...

CryptoSlayerFX

I typically look at 4hour candle charts and 1hr charts for back testing. Looking here at the 1 week chart for BTC which basically acts as an index for all cryptocurrency’s. Well, it speaks for itself. After what looked like a promising V shaped recover (see linked posts) BTC has lost all steam. I expect a new bottom to come in soon after the asset failed to...

CryptoSlayerFX

I am just posted about a bear trap happening with Bitcoin on the one hour chart. Now that I look at the four hour chart I also feel confident in this theory. There are a few differences if you notice it does seem that the four hour periods have had much stronger dominance for selling volume yet it does appear Bitcoin is recovering quite well. This leads me to...

CryptoSlayerFX

Although Bitcoin had a scary moment today if you look at the overall picture since the strong bullish V-shaped recovery you will see higher lows and higher highs excluding the most recent area that I have highlighted. And it’s also important to note that when I took the angle measurement tool from the local low, created by the V-shaped recovery candle the trend...

CryptoSlayerFX Updated 

In the highlighted area I have pointed out candles that I have called many times correctly short. However in this case, we seem to have had a reversal and there's plenty of criteria supporting the claim. Check my linked ideas to see the criteria for at least a short term bull case with BTC . Check the linked articles describing how these types of areas with...

CryptoSlayerFX

Is it short term or long term that’s the question…. I am working from a tablet right now so it is easier to put text overlay on the chart. Between the criteria on the chart, most importantly the events of the 7am to 11am candle on Jan 10. And the fact that short liquidations are building up indicated by on chain data. I think it is possible BTC has found it’s...

CryptoSlayerFX

Credit: @OptimoomFX quoted: "#Bitcoin- Respiro moment for bears? Since Friday's last week's low, Bitcoin is trading in a range, and neither bulls nor bears managed to take control. However, yesterday's spike and strong reversal from under 40 .500 can be an indication that a short squeeze could follow soon. I will look to buy dips against yesterday's low and...

CryptoSlayerFX Updated 

ETH seems to rebounding well for now. The current one hour candle is moving up with strong volume. The current one hour candle has a nice long wick on the bottom suggesting at least a strong short term buy back. First signs of health we have seen in some time with Ethereum. I am entering long positions at least until ETH starts to show some weakness. ETH is...

CryptoSlayerFX

I do not have much time, however I have linked my other ideas with criteria for this short. And I just posted an idea from the 4 hour candle view. When looking at the one hour view, we can see how the four hours break down. And it doesnt look good for Eth price speculation. Unless speculating short. One the one hour chart ETH cannot manage a bullish...